USD/CHF hits daily highs after Swiss PMI

The USD/CHF rallied to fresh daily highs at the beginning of the European session, as the franc weakened on the back of a lower-than-expected Swiss manufacturing PMI.
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Fed's Evans: Inflation expected to remain below 2% for some time

Chicago Fed President Charles Evans said on Monday in Istanbul that US inflation should remain below the 2% target for some more time and that the Fed's current accommodative monetary policy seemed the most appropriate approach. He pointed out that wages in the US were growing at a steady pace.
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